Color Me Mine Franchise Opportunities
Color Me Mine enables to create own artwork on a pottery piece. It also hosts painting programs for schools, scouts, preschools, corporate parties and team building, weddings, fundraisers, and birthday parties. The company was founded in 1991 in Glendale, California and began franchising in 1995. It has studios in the United States, China, South Korea, Canada, the Philippines, Kuwait, Lebanon, Costa Rica, Panama, and Mexico. As of 2018, Color Me Mine operates and owns more than 130 franchises worldwide.
How much does Color Me Mine franchise cost?
Color Me Mine has the franchise fee of up to $30,000, with total initial investment range of $164,350 - $197,300.
Initial Investment: $164,350 - $197,300
Net-worth Requirement: $200,000
Liquid Cash Requirement: $30,000 - $60,000
Initial Investment and Startup Costs
| Type of expenditure | Low | High |
|---|---|---|
| Total | $141,300 | $184,800 |
| Reservation & Franchise Fee | $30,000 | $30,000 |
| Rent & Deposit | $4,000 | $7,500 |
| Tenant Improvements | $14,000 | $25,000 |
| Architect, Electrical & Permit Fees | $2,000 | $7,500 |
| Furniture, Computers & Communications Systems | $45,000 | $50,000 |
| Exterior Sign | $5,000 | $7,500 |
| Sales Tax & Shipping | $8,000 | $10,000 |
| Initial Inventory | $18,000 | $18,000 |
| Marketing, Posters, Window Displays | $1,000 | $1,000 |
| Accounting Setup Fee | $300 | $300 |
| Credit Card & Gift Card Processor | $500 | $500 |
| Insurance | $1,500 | $2,000 |
| Organizational Expense | $1,000 | $2,500 |
| Incidental Costs | $1,500 | $3,000 |
| Additional Funds (working capital) | $10,000 | $20,000 |
Support Options
On-The-Job Training: 8 hours
Classroom Training: 32 hours
Color Me Mine Franchise Info: https://colormeminefranchising.com
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Starting investments from:$164,350
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Company type:Education center
- Company foundation year:1992
- Year of launching the franchise:1995
- Franchise enterprises:129
- Corporate Address:3722 San Fernando Rd. Glendale, CA 91204, USA